DMO Raises N2.2trn From Domestic Market

In an effort to use the domestic debt market to finance Nigeria’s budget deficit, the Debt Management Office (DMO) has raised N2.2 trillion so far this year, which is more than 91% of its objective. The debt office of Nigeria launched its monthly FGN Bonds auction, according to MarketForces Africa, and issued N360 billion in … Continue reading DMO Raises N2.2trn From Domestic Market